Nextracker Inc. (NXT)

Market Cap	14.89B
Revenue (ttm)	3.37B
Net Income (ttm)	576.12M
Shares Out	148.39M
EPS (ttm)	3.85
PE Ratio	26.04
Forward PE	23.57
Dividend	n/a
Ex-Dividend Date	n/a

Volume	263,275
Open	96.59
Previous Close	101.50
Day's Range	95.25 - 99.80
52-Week Range	33.29 - 106.90
Beta	2.27
Analysts	Buy
Price Target	90.65 (-9.66%)
Earnings Date	Oct 23, 2025

About NXT

Nextracker Inc. provides solar tracker technologies and solutions for utility-scale and distributed generation solar applications in the United States and internationally. The company offers tracking solutions, including NX Horizon, a solar tracking solution; NX Horizon-XTR, a terrain-following tracker to expand the addressable market for trackers on sites with sloped, uneven, and challenging terrain; NX Horizon Hail Pro adds automatic stowing using weather service information; and NX Horizon Low Carbon, a solar tracker solution with a reduced ...

• Industry: Solar
• Sector: Energy
• IPO Date: Feb 9, 2023
• Employees: 1,300
• Stock Exchange: NASDAQ
• Ticker Symbol: NXT
• Website: https://www.nextracker.com

Financial Performance

In 2024, Nextracker's revenue was $2.96 billion, an increase of 18.38% compared to the previous year's $2.50 billion. Earnings were $509.17 million, an increase of 66.26%.

Analyst Summary

According to 21 analysts, the average rating for NXT stock is "Buy." The 12-month stock price target is $90.65, which is a decrease of -9.66% from the latest price.

Price Target

$90.65

(-9.66% downside)

Analyst Consensus: Buy